U

Unity Software Inc.

DOUBTFUL — SCREEN DOES NOT PASSstock

Is U Halal?

Unity's software activity is mixed, and March 2026 debt/assets is 34.28% with receivables plus cash at 42.85%, above examined limits.

What You Should Know

Unity's March 31, 2026 Form 10-Q reports $6,521.741M of assets, $2,235.709M of convertible notes, $2,140.861M cash, $654.003M receivables and $508.238M quarterly revenue. ZakatInvest calculates debt/assets of 34.28%, liquidity/assets of 32.83%, receivables plus cash/assets of 42.85% and a conservative $3.464M income proxy, or 0.68% of revenue. Create Solutions is generally permissible software; Grow Solutions includes advertising-network and game-monetization activity requiring qualitative review.

⚠️ Concerns

  • Debt/assets is 34.28%, above the examined FTSE Yasaar, MSCI and Malaysia SAC limits
  • Receivables plus cash/assets is 42.85%, above the examined MSCI total-assets limit
  • Grow Solutions includes Unity Ad Network activity and other monetization products
  • Unity announced the ironSource Ads Network sunset and a planned Supersonic game-publishing divestiture
  • Customer game content and advertising outcomes are not decomposed into a universal Sharia numerator

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-13.

USD · millions
Interest-bearing debt / assets
34.28%Above limit
Below 33.333% under FTSE Yasaar

2,235.709 / 6,521.741

Cash + interest-bearing securities / assets
32.83%Within limit
Below 33.333% under FTSE Yasaar

2,140.861 / 6,521.741

Receivables + cash / assets
42.85%Within limit
Below 50% under FTSE Yasaar

2,794.864 / 6,521.741

Non-compliant income / revenue (upper bound)
0.68%Within limit
No more than 5% under FTSE Yasaar

3.464 / 508.238

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt/assets is 34.28%, above the examined 33.333% limit; liquidity is 32.83%, receivables plus cash are 42.85% and the conservative income proxy is 0.68%.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Debt/assets is 34.28% and receivables plus cash are 42.85%, above the examined MSCI total-assets limits; liquidity is 32.83%.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Debt/assets is 34.28%, above the examined Malaysia SAC 33% limit. This is a contextual calculation, not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A properly licensed historical market-cap series is not stored.

Business-activity disclosure

Unity provides game-engine, creator, advertising and monetization tools. Software and development tools are generally permissible, but advertising-network, game-publishing and downstream content activity require qualitative review.

Limitation: The filing reports Create Solutions, Grow Solutions and non-strategic revenue but does not allocate a universal prohibited-revenue numerator by advertisement, game content, customer or downstream use.

Purification

Unity reports a $3.464 million interest-income-and-other-income proxy, but it does not prescribe a fixed scholar-approved purification percentage and its operating-revenue allocation remains incomplete.

Inputs, assumptions and primary sources
  • Amounts are USD millions from the unaudited March 31, 2026 Form 10-Q.
  • Debt is $556.810 million current convertible notes plus $1,678.899 million long-term convertible notes.
  • Cash and equivalents are $2,140.861 million; the filing describes money-market funds and time deposits within cash equivalents, so no separate securities balance is added.
  • Net accounts receivable are $654.003 million and quarterly revenue is $508.238 million.
  • Interest income and other income (expense), net was $3.464 million; this is a conservative upper-bound proxy, not a scholar-approved purification rate.
  • Unity reports Create Solutions and Grow Solutions. Grow includes Unity Ad Network activity, while the company announced the sunset of the ironSource Ads Network and a planned Supersonic divestiture.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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